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A Chief Procurement Officer (CPO) is a senior executive responsible for overseeing an organization's procurement processes. Their primary role is to develop and implement strategies to optimize the procurement function, ensuring the acquisition of goods and services at the best possible value and quality. The CPO collaborates with various stakeholders to establish procurement policies, identify cost-saving opportunities, and manage supplier relationships. They lead a team of procurement professionals, providing guidance and support in negotiating contracts, evaluating vendors, and monitoring procurement performance. Additionally, CPOs stay updated on market trends, technological advancements, and regulatory changes to make informed decisions and drive continuous improvement in the procurement process.
Estimated Yearly Salary: 468,884 SGD
Estimated Monthly Salary: 39,074 SGD
Estimated Weekly Salary: 9,017 SGD per week
Estimated Hourly Salary: 225 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 37,845 SGD
Estimated Weekly Salary: 8,733 SGD per week
Estimated Hourly Salary: 218 SGD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 234,612 USD
Estimated Monthly Salary: 19,551 USD
Estimated Weekly Salary: 4,512 USD per week
Estimated Hourly Salary: 113 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 468,884 SGD
Estimated Monthly Salary: 39,074 SGD
Estimated Weekly Salary: 9,017 SGD per week
Estimated Hourly Salary: 225 SGD per hour
By working as Chief Procurement Officer a person can save up to 16,863 USD per month or 202,356 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Chief Procurement Officer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Chief Procurement Officer salary in Singapore
Average Yearly Salary of Chief Procurement Officer in Singapore is approximately 468,884 SGD (234,612 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Chief Procurement Officer do?
A Chief Procurement Officer (CPO) is a senior executive responsible for overseeing an organization's procurement processes. Their primary role is to develop and implement strategies to optimize the procurement function, ensuring the acquisition of goods and services at the best possible value and quality. The CPO collaborates with various stakeholders to establish procurement policies, identify cost-saving opportunities, and manage supplier relationships. They lead a team of procurement professionals, providing guidance and support in negotiating contracts, evaluating vendors, and monitoring procurement performance. Additionally, CPOs stay updated on market trends, technological advancements, and regulatory changes to make informed decisions and drive continuous improvement in the procurement process.
Skills: Chief Procurement Officer, CPO, Procurement Strategy, Supplier Management, Cost Optimization, Contract Negotiation, Procurement Performance
Job industry: Supply chain management
Job industry: Supply chain management
How much does Chief Procurement Officer make?
Salary details
How much does Chief Procurement Officer make?Estimated Yearly Salary: 468,884 SGD
Estimated Monthly Salary: 39,074 SGD
Estimated Weekly Salary: 9,017 SGD per week
Estimated Hourly Salary: 225 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 454,138 SGDEstimated Monthly Salary: 37,845 SGD
Estimated Weekly Salary: 8,733 SGD per week
Estimated Hourly Salary: 218 SGD per hour
Last revision of data: 2024-01-03Chief Procurement Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 234,612 USD
Estimated Monthly Salary: 19,551 USD
Estimated Weekly Salary: 4,512 USD per week
Estimated Hourly Salary: 113 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Chief Procurement Officer job salary compared to average salary in Singapore.
Comparison shows that a person working as Chief Procurement Officer in Singapore earns on average:
4.92 times the average salary (or 492% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Chief Procurement Officer job salary compared to average salary in Singapore.
Comparison shows that a person working as Chief Procurement Officer in Singapore earns on average:
4.92 times the average salary (or 492% of average salary).
Is Chief Procurement Officer a well paid job?
Yes, our data show that Chief Procurement Officer is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Chief Procurement Officer?
High salary for Chief Procurement Officer would be somewhere between 515,772 SGD and 679,882 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Chief Procurement Officer in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 468,884 SGD
Estimated Monthly Salary: 39,074 SGD
Estimated Weekly Salary: 9,017 SGD per week
Estimated Hourly Salary: 225 SGD per hour
By working as Chief Procurement Officer a person can save up to 16,863 USD per month or 202,356 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Chief Procurement Officer
Malaysia is 62,419 USD
Indonesia is 36,923 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Singapore
(1,400,313 SGD per year, pre-tax.)
2. Cardiologist
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
7. Oncologist
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
(1,063,241 SGD per year, pre-tax.)
Data as of 2025Random salary:
Us tax manager (180,262 SGD per year, pre-tax.)
Budget and policy analyst (117,314 SGD per year, pre-tax.)
Production machinist (61,521 SGD per year, pre-tax.)
General assignment reporter (89,362 SGD per year, pre-tax.)
Hr business partner ii (121,356 SGD per year, pre-tax.)
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optisalary.com aggregates salary data for informational purposes only. We strive to provide accurate figures, but cannot assure their validity. Users are urged to consult alternative platforms before making employment choices. Salary amounts can fluctuate due to company policies, market demands, and skills. We accept no responsibility for inconsistencies in the salary information provided. Your continued use with this site indicates understanding of this disclaimer.